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PAYMENT CARDS ANALYTICS
Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...- BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...
- Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: ReportIndia's wealthy are spending more on experiences, especially travel. This shift means consumption is more about personal identity than just...
- SBI Cards shares in focus as UBS upgrades stock to ‘neutral’, raises target price to Rs 800According to BSE analytics, the shares of SBI Cards and Payment Services have risen by 3.5% over the past 6 months and by 2.11% in the last...
- US holiday spending on buy now, pay later to hit record due to debt-laden shoppersU.S. shoppers are projected to spend a record $18.5 billion using buy now, pay later services for holiday purchases in the last quarter of ...
- Digital payments to grow by 3X in FY29, UPI retains strong growth trajectory: PwC India reportMerchant acquiring solutions – including offline and online options like QRs, payment aggregators and payment gateways – also saw substanti...
- Indians still prefer to use cards during international travel: reportThe survey also found that around 10-12% of the respondents still use currency exchange, which means while using their cards they use cash ...
- India card payments market to surpass $728 billion in 2027, forecasts GlobalDataGlobalData’s Payment Cards Analytics reveals that card payments value in India registered a strong growth of 26.2% in 2022, supported by th...
- Contactless payments saw 6 times growth in last 3 years in IndiaAccording to Worldline India, while 25% of all transactions at supermarkets were contactless in January 2020, these transactions rose to 31...
- FSS Technologies says it is well-positioned to achieve double digit growth this yearOwing to the demand upside for digital payment products, he said the company has not had to revise its sales targets. He said the company's...
- Uber sets up over 100-people Uber Money team in HyderabadThe Uber Money team will focus on implementing new payment methods, enabling and building financial compliance tools, leveraging smart rout...
- HDFC Bank uses purchase history, social media analytics to offer credit cards to customersWith 92.5L outstanding credit cards, HDFC Bank is almost twice as much as second-placed SBI which has 49.75L outstanding cards in use, RBI ...
- Tata Consultancy Services starts Aadhar-enabled payment platformThe ‘Merchant Pay’ platform will integrate with various banks to provide multiple-mode payment options to provide a unified view of all pay...
- PayU India plans to double value of processed transactions to $1 billion per monthCo to launch products related to investments and lending in a bid to gain a foothold in all key financial technology domains by October.
- Economy gets $6.08 billion boost via e-payments from 2011-15: ReportAccording to the study, payment cards aren't just convenient, they help stimulate growth for economies around the world.
- Opus Consulting to hire 1,500 people in India in 3 yearsThe company will also hire about 200 people in the US. Opus, which recently moved its headquarters to Chicago, US from Pune, at present, ha...
- MasterCard to expand development headcount in IndiaWhile the initial acquisitions give MasterCard a development base in the country, the Purchase, New York-based company intends to build fur...
- Banks use analytics to check fraud in online paymentsThe ability of ATMs to take customers directly to their preferred transaction screen is an example of personalization.
- SBI country’s first bank to set up payment gateway"We will be brining in new merchant categories with a special focus on government merchants such as, central, state departments and municip...
- E-payments added USD 1.5 bn to India's GDP during 2008-12:VisaRise in electronic payments have added around USD 1.5 billion to the country's GDP during 2008-12 period.
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